Good timing to anticipate the return of volatility
|Contributor / Partner|
Strategy published on : 03/20/2017 | 14:17
Entry price : 91.86$
Target : 119.5$
Stop-loss : 84.4$
Potential : 30.09%
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 90.51 support.
● The group usually releases upbeat results with huge surprise rates.
● The company shows low valuation levels, with an enterprise value at 0.26 times its sales.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The stock is in a well-established, long-term rising trend above the technical support level at 84.54 USD